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Compel offshore funds to rescue British citizens and businesses.

Submitted on Saturday 2nd January 2021

Rejected on Thursday 7th January 2021

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Compel offshore funds to rescue British citizens and businesses.

Petition Details

There are billions of pounds held offshore. It is not fair that the British people should have to endure further austerity or taxation measures when this money is sitting abroad.

Additional Information

Pass an act to a) make these offshore accounts transparent and b) tax them to help fund the British economy's restart package.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action. We're not sure exactly what you'd like the Government or Parliament to do. The UK Government is only responsible for taxation on funds held in its jurisdiction.

We have published the following petitions, which you might like to sign:

Work internationally to ban use of tax havens for offshore banking: petition.parliament.uk/petitions/332689

Increase Corporation Tax and tackle tax avoidance to fund economic recovery: petition.parliament.uk/petitions/320783

Windfall Tax Profits made by Companies during the Covid 19 Pandemic: petition.parliament.uk/petitions/555131

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